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Scrap Metal Recycling in Australia - Industry Market Research Report

Publisher IBISWorld
Published Sep 19, 2024
Length 73 Pages
SKU # IBSS19343220

Description

Scrap Metal Recycling in Australia - Industry Market Research Report


Scrap Metal Recycling in Australia

Operators in the Scrap Metal Recycling industry have faced mixed conditions in recent years. Declining activity in the Construction division and disruptions to the Manufacturing division have limited industry demand. Additionally, volatile conditions in international markets, partially due to the COVID-19 pandemic, have contributed to volatile export demand. Nevertheless, a sharp rise in the world price of steel over the period has greatly supported the industry, lifting revenue. Moreover, climbing government support for domestic recycling capabilities has benefited the industry. Overall, industry revenue has been rising at an annualised 1.8% over the five years through 2023-24, to $4.26 billion. This trend includes an anticipated 8.7% decrease in the current year, primarily due to an expected fall in the world price of steel

Industry firms are primarily engaged in the recovery of recycled scrap metal. Recovery involves the manufacture of scrap metal into new, usable material or products. Commonly recycled metals include steel, copper, aluminium, zinc, lead, nickel and titanium.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."

Table of Contents

73 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
How Do Licenses Work?
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